Steiner Leisure Ltd today announced financial results for the second quarter ended June 30, 2013. Steiner Leisure's revenues for the second quarter ended June 30, 2013 increased 5.2 per cent to $207.7 million from $197.5 million during the comparable quarter in 2012. Net income for the second quarter was $12.3 million, compared with $14.1 million for the same quarter in 2012.

The Global Forum on Transparency and Exchange of Information for Tax Purposes has released peer review reports assessing the tax systems of 13 jurisdictions for information exchange, including The Bahamas. Later this year, most of these reviews will feed into the ratings assigned to 50 jurisdictions, backing G20 and Global Forum efforts to strengthen tax cooperation and stamp out cross-border tax evasion.